The housing market/mortgage bubble will pop sometime within the next six months.

A "savagely cold" winter for the Midwest and East Coast will cause energy costs to rise again, with the price of an oil barrel reaching $75-80 by January.

The 2008 presidential election will be between Hillary Clinton and Jeb Bush. (He declined to predict a winner at this juncture.)

Dick Cheney will resign due to "health issues."

The San Francisco region will have three serious quakes in 2006. The precursor will be a 6.5 quake in central California occurring in Feb.-March. This will be followed by quakes centered near Hollister, Vallejo/Marin and the East Bay between April and October.